Markets Risk Manager, AVP

Job Description:

Job Title: Markets Risk Manager, AVP

LOB: Global Risk / Global Markets Risk

Corporate Title: up to Assistant Vice President  

Location: Dublin

Company Overview

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection.  Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

Location Overview

Overlooking the spectacular Iveagh Gardens with access to all amenities in the beating heart of central Dublin is our Park Place office. Travel options include the LUAS, Dublin Bus networks as well as the Dublin Bikes station, positioned just outside our front doors. As part of our commitment to supporting staff travel to and from work in the most sustainable way possible, we also provide tax saver tickets as part of our award-winning benefits package which means getting to work has never been easier.

Role Description

An exciting opportunity has become available for a talented and motivated professional to join our Portfolio Analysis and Reporting team as we work to meet our requirements across the range of internal management and regulatory reporting deliverables.

The Market Risk Manager role offers an excellent entry point to the Risk organization, with the opportunity to interact with a broad cross section of teams across the bank. This is a high visibility role and would entail regular exposure to senior management.

The nature of the work is dynamic, and includes both BAU reporting as well as a variety of project and development work. The role is ideal for a collaborative individual who likes being challenged, is able to quickly adapt to change, and has a keen eye for detail.

Responsibilities

• Production of daily and periodic risk reports and analysis
• Assist in maintaining, improving and building out a governance framework to support reporting routines & infrastructure
• Coordination of materials for consolidated reporting to meet both internal management and Regulatory requirements and leading review meetings with senior stakeholders
• Collaboration with Market Risk Technology to improve and develop tools to support firm level risk reporting and analysis
• Interaction with various  support functions outside of Risk
   

Skills required

• Excellent quantitative skills
• Familiarity with Microsoft Excel essential, with VBA highly desirable
• The successful candidate must be able to build excellent relationships whilst maintaining independence
• You must be able to handle disputes, and will not shirk from enforcing difficult decisions
• Excellent communication skills, with the ability to communicate clearly and concisely with regulators, senior management and other areas of the bank understanding the requirements of each group
• Ability to multi-task and prioritise, to meet deadlines without compromising on quality
• Excellent problem solving skills
• Motivation to deliver in a challenging fast paced environment
• Good balance of experience, knowledge, personal and interpersonal competencies
• Understanding of regulatory environment affecting Finance industry and the impact on market risk

Nice to have

• Market Risk or front office experience with a good understanding of key risk metrics such as VaR, Stress testing etc.

Benefits of working at Bank of America:

Ireland

• Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partner

• Competitive pension plan, life assurance and group income protection cover if you become unable to work as a result of a disability or health reasons

• 20 days of back-up childcare and 20 days of back-up adult care per annum

• The ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a wellbeing account, travel insurance, critical illness etc.

• Access to an Employee Assistance Program for confidential support and help for everyday matters

• Access to free counselling through the Employee Assistance Program and virtual GP services through our private health care plan

• Ability to donate to charities of your choice and the bank will match your contribution

• Opportunity to access our Arts & Culture corporate membership program and receive discounted entry to some of Ireland’s most iconic cultural institutions and exhibitions.

• Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local community.

Bank of America:

Good conduct and sound judgment is crucial to our long term success. It’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

We are an equal opportunities employer and ensure that no applicant is subject to less favourable treatment on the grounds of sex, gender identity or gender reassignment, marital or civil partner status, race, religion or belief, colour, nationality, ethnic or national origins, age, sexual orientation, pregnancy or maternity, socio-economic background, responsibility for dependants or physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.